You can get a gold loan from different local and online gold loan providers; however, each of them may offer varying interest rates and loan-to-value (LTV) ratios. Instead of visiting multiple local gold dealers, Bajaj Markets allows you to compare multiple lenders online. This helps you secure the best possible deal without the hassle of traveling to different branches.

Here are some of the key benefits of getting a gold loan from Bajaj Markets:

Fast Processing

A smooth digital application process ensures that your loan request is reviewed and approved quickly.

Minimal Documentation

The online system simplifies documentation, making the application process hassle-free.

No Hidden Fees

With Bajaj Markets, you get complete transparency, as there are no undisclosed charges.

Reliability

The gold loan process is conducted with full transparency, ensuring trust and peace of mind.

Gold loans have simple eligibility criteria and minimal documentation requirements. They come with affordable interest rates and flexible repayment options, making them a convenient choice for quick financing.

Here are few more of the key features and benefits of getting a gold loan:

Part-release Facility

Repay a portion of your loan and reclaim part of your pledged gold before the tenure ends.

High Loan Amount

Get up to 75% of your gold’s current market value, providing easy access to funds.

Flexible Repayment Options

Choose to repay through monthly, bi-monthly, quarterly, half-yearly, or annual payments as per your preference.

No Pre-closure Charges

Close your loan early without incurring additional fees.

No Credit Score Requirement

Gold loans do not depend heavily on your credit score, making them accessible to more borrowers.

*Disclaimer: Terms and conditions apply to the benefits mentioned above, and these may vary from one lender to another.

Before applying for a gold loan, it is important to know the loan eligibility criteria that lenders may require for approval. 

Here are the key requirements:

• Citizenship: You must be an Indian citizen

• Employment Type: You must be an entrepreneur/ farmer/ trader/salaried employee/self-employed individual

• Age: You need to be at least 18 years old

• Gold as Collateral: The purity of the gold submitted as collateral should be at least 18 karats

Once you meet the gold loan eligibility criteria, you need to submit specific documents when applying for a gold loan. 

Here are the required documents:

Any one of the following address proofs

• Driving licence

• Utility bills

• Aadhaar card

• Passport

Any one of the following identity proofs:

• Aadhaar card

• Passport

• Driving licence

• Voter ID

Applying for a gold loan is a simple and quick process that can be completed online. 

You can follow the below given steps:

1. Visit the Bajaj Markets gold loan age

2. Click on ‘CHECK ELIGIBILITY’

If you want to estimate the loan amount you may be eligible for, use the amount-to-weight calculator on the page. Enter the weight of the gold you plan to pledge, and the calculator will display an approximate loan amount.

3. Provide your name, mobile number, date of birth, email address, and pincode in the adjacent form

4. Select loan type and amount

5. Agree to the terms & conditions

6. Click ‘SUBMIT’

After submission, your application will be reviewed, and a representative will get in touch to guide you through the next steps.

*Disclaimer: The rates are subject to change at the lender’s discretion.